Markets· ★★· bullish·

LIT rebounds 11% to $4.68 after five-day decline

  • LIT fell to $4.00, rebounded to $4.68, then pulled back to $4.55
  • Trading volume rose 52% to $75 million
  • Open interest rose 13% to $512 million, derivatives volume up 127%
  • An address withdrew 500,000 LIT worth $2.07 million from the Lighter protocol
Why it matters: Rising volume and open interest point to returning speculative interest, but holding above $4.40 remains key for a move toward $5.
Source: TokenPost